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in europe are trading lower as ben bernanke warns monetary policy may not be enough to offset the damage if the u.s. economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and c
to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into where we are with this global market. more now on the global trading day in europe. 5-4 advances just about outpace decliners on the dow jones stoxx 600. most european stocks were up yesterday. the dax up 13 points. the dax, second highest close of the year, still up 27.5% for the year. right now, the ftse sound, the cac kron, closed at a fresh 52-week high. and the ftse is up 13 points despite falls from italian banks. let's show you where we are as far as the bond yields are concerned. we just check in. italian yields, 4.4% on the year. we'll show you the twos and tens, as well. i'll give you more on how that compares to where we closed yesterday. so the two-year, that's the low where we were yesterday. 10-year spanish yields, 5.581%. two-year yield, 2.35%, kind of where we were yesterday, too. and they're continue to go appreciateslide slightly from yesterday's close. as far as currency markets, 1.2880 was the two-week low on
on the fiscal cliff. equities falling on wednesday in the u.s. on thursday when we opened here in europe, yesterday we saw a relatively stable markets. we closed out on a flat to slightly higher note for most of our european markets yesterday. this morning coming into trade, we're pretty flat. we've taken a bit of a dropdown on this drop but we're just a couple of points lower. in the asian session overnight, we managed to see gains back again. they lost again on the notion of the fiscal cliff not happening. shanghai composite higher by just over 1% in today's session. hang seng, and the kospi closing slightly higher across the board. the european markets mixed, but the ftse 100 still flat to higher. we're all looking towards these fiscal cliff negotiations. at the moment, we've got a couple more days of trade before we get to the end of the new year, as well. most analysts out there, they've been saying we're going to see a relatively flattish end to the year from where we are now given that we've seen such an increase of equities in the past 12 months. we've seen stellar outperformance
that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have to ask yourself is when cash, equities, credit, government bonds, where do you want to be. and equity in my mind mind is absolutely not. you need good growth numbers to justify the equity markets going up. now, i think there's a lot of investors looking at the yields on ghoechlt bonds or credits and that's motivating them to move into equity. i think the numbers are actually going to be relatively small. and i would certainly advocate against doing that because as you were saying, weak numbers, unless you see some much strong
previously thought, although the session still looks very much on course for another quarter here for europe. the pmi will rise above 50 that divides growth between contraction. hasn't stopped the euro/dollar from hitting a one and a half month high. i suppose we know growth is going to be anemic, but if spanish banks are getting some money, are we feeling slightly better? >> that's what euro trades on, isn't it? pmis are all very interesting for the economist. but they want bigger stories. most of the news flow, it's helpful to the euro. people have been trying to affect this rally for a while. we are close to those october highs. the news flow has been good, i would say. >> we hit, what, nearly 131.80? >> before that, we go 131.40. the enthusiasm for euro is surprisingly good. we're surprised by how far this rally has gone on pretty thin news sometimes. >> i just want to recap what we've got. eurozone finance ministers meeting in brussels. an agreement still seems pretty elusive at this moment. germany and french finance ministers have very different views about oversight of banks. and in
. europe has also been a blend of red and green as the ft names ecb chief the person of the year. we're going to kick off with breaking news. for that would, we go to david faber. >> news on best buy, in the news yesterday. the stock up sharply. what we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. giving schultz the opportunity to look at not just christmas sales, but the end of their fiscal year, which will end at best buy on the 31st of january. and that window, again, will be 28 days long giving him an opportunity to continue to try to cobble together a bid with private equity firms and those who might finance a potential bid for the company at whatever price that might come at, if it were in fact to come at all. no word in te
you very much. a key session in japan overnight. >>> as we pivot our focus to europe, you see stocks addi adding .3%. consistent with the rally we've seen over the last several trading sessions and apparently having plenty to do with the possible resolution of u.s. fiscal talks. we'll have more in a little bit. the survey also helping to lift sentiment or keep it buoyant. look at the major borses. green in the harder hit regions. ftse mib, spain up better than 1%. consistent with the rally we saw yesterday. remarkable. the xetra dax adding .1%. for its part, up to close to 30% this year. the ftse 100 adding .3. the bond space, we'll look at that and talk later about the big trades that have helped some hedge funds, for example, when it comes to greek debt. for the time being, mario's comments this summer is have techively kept the bond gleelds a tight range since then six months or so now, this is going. and differentiation across the space where italy price rising, not the case for spain which is seeing its yield up to 5.3. and i know we haven't mentioned this in a while, but i want
europe. we have this area of low pressure. this frontal system giving some torrential rainfall. and improvement here but on the forward edge of this frontal system there is likely to be some snow extending down toward the alpine region. some shower weather for the u.k. and much of france, too. over eastern parts of europe seeing cloudy skies, outbreaks of rain. -14 degrees is expected in moscow. we have a fairly brisk, northwesterly wind making an impact all the way down towards sudan seeing temperatures below average at 29 degrees. as we move into central parts of africa, while the monsoon rains are pushing further, a decent amount of rain is being reported but generally you see the rainfall pushing away from the democratic republic of the," . -- of congo. >> the french president, president hollande, has addressed the parliament as it celebrates 50 years of independence. although he did not directly apologize, he did say he recognized the suffering experienced by algerians. u.n. secretary general ban ki- moon sees little hope for political dialogue and is worried about atrocit
. >>> and corporate news weighs on sentiment across europe. kpn shares fall after dividend and greco stocks plunges as analysts cut their outlook for the uk power group. >> okay. welcome. it's the start of a brand new week here on "worldwide exchange." and don't adjust your set, kelly and i are together. >> for once, for a day. >> but make the most of it because it won't be lasting. >> if only there were a slo-mo. >> i'm going to enjoy as much as i can of today. >> and likewise. and then we're going to have to get all of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. record it and fast forward to the good bits. >> yeah. >> it will be 2:00, 3:00 in the morning or whatever. >>> on today's show, plenty to come on. >> yes. the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's
normally on boosting growth. >>> well, it's been a rel ofly good year for stocks in europe. adding about .3%. advancers mostly outpacing decliners on the index this morning. if we can zero in on the bourses, it's largely green behind me. the fits fits mib is atting .6%. the ibex in spain, up 0.8%. and the ftse up about 0.3%. now, some company-specific news this morning, fin mechanica saying shares up 2.4%. this on news they're set to buy sge-avio. safran is also a company considering that change. let's take a quick look at the bond space. we'll get a sense of the kind of trade we're seeing shaping up. it is consistent with flows into the periphery, perhaps out of the core and the risk on move generally that we're seeing this morning. yields up to 4.5 roughly in italy at about 5.4%, respectively. gilt is moving up towards is.9% this morning. the bund yield is still extremely low, so that spread between gilt and bund is widening. look at the euro/dollar. 1 1.3171. extraordinary. we're almost up at that 1.32 level. the dollar/yen is flat, right about 83.88. there we go. a little bit of movemen
. >> which might be a slightly better outturn. china seems to be back on track. is there anything in europe -- what's the tail risk at the moment? >> i think there's two things that could still go wrong in europe. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot
murder rates. we have lower murder rates in other parts of the country than even in europe. than even where you come from. but what has created a problem in the united states, is to say in cities and schools, those are areas where we're not going to allow them to defend themselves? >> what is the murder rate in great britain for the last three years? >> it's under 3 for 100,000. >> just give me a number. >> it's actually .3 per 100,000. about a tenth of what it is in your vaunted english bucolic country, sir. the fact of the matter with guns comes safety. if the guns are in the hands of the good guys. when you say the good guys can't have guns, the bad guys have a monopoly and horrible things sufficient as shootings at schools take place. >> the ar-15 as we've seen in the last three shootings, aurora, the shopping mall in oregon and now sandy hook, the preferred weapon for young men who want to transfer hundreds of bullets of rapid fire if you have the right magazines. the president has stated he wants to ban weapons like this. what is your view? >> i think we need to ban gun control
snowfall has blanketed much of europe the snow has already caused a few headaches. flights have been canceled and delayed in cities such as paris and amsterdam. last weekend, heavy snow in russia shut down a major highway leaving drivers stranded. europe has more snow in the forecast. i was just in washington d.c. it was blue skies. and a sunny skies. >> it is still december. >> and time flies when you're having fun. >> it is going to be gorgeous with temperatures in the 60s. 63 degrees in san francisco, san jose. fremont. mid-60s, concord. and we do have some rainfall on the way but we will wait a little bit with light rain. with much cooler expected. >> perfect for the season. >> correct. >> that is it for us will see you at 11 (music)
of war. two decades ago, with all eyes on europe, the united states prematurely celebrated victory over communism and an end to the cold war but in 1989, the same year the berlin wall fell, tanks roll spood tiananmen square crushing in a bloody massacre the hopes of the chinese people. while communism was gone in europe it was revitalized in the world's largest nation. pyongyang's missile launch awakens us to a fact that communism still casts a long shadow over asia. the nuclear proliveuation threaten not only our allies in the pacific but our own people as well. in asia the cold war never ended an the united states and south korean forces stand guard together on this last frontier. attempts to engage pyongyang over the past four years have been met with repeated prove cage. the kidnapping of two american journalists, repeated missile launches, one more nuclear test, the sinking of a south korean naval vessel with the loss of 46 lives and the shelling of a south korean island. how much more should we endure before we say enough is enough? sweet talking pyongyang only seems to inspire fu
all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were going to say we're going to pass a deal with the majority of republicans and the majority of democrats in the house and senate, we would get a mainstream deal. >> i think we're going to fall out of the fiscal tr
german blue chips, especially when you consider the fact that we are in and out of recession in europe, we have a real malaise in front of a lot of sectors such as the carmakeres and that hasn't stopped the likes of vw, the likes of porsche, the likes of bmw having a very strong 2012. that's despite the fact that gm's opel said it will cut capacity by 20% in 2013. so we are seeing at the moment a real complacency regarding the fiscal cliff, but it's low volumes here as we enter the last hour or so of trading. back to you. >> we also have some news to bring you, broken last night. i expect john harwood talked about it on the special that we did last night. secretary of state hillary clinton is in a new york hospital this morning being treated from a blood clt clot resulting from a concussion you suffered earlier this month. she had been expected to return to work this week. >>> coming up, deal or no deal? we're going to look beyond the fiscal cliff and what it will mean for the markets. we have jim o'neill. he's going to join us to talk about whether he is bullish for the start of 2013
appreciate it. ? thank you. >> europe's fiscal woes dominated the american markets most of the year. >> the fragile european economy not out of the woods just yet. here is jimmy pathakukas of the institute. it was "barron's" just this week. this is the year to invest in europe. do you disagree with that or can the two work together? >> well, you know, they say the united states don't fight the fed. in europe you would say don't fight the ecb as long as they believe that they would do whatever it takes to keep the euro together, i guess that's a positive, but remember, you have an economy back in recession that was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how shoul
to tuesday, showers will increase. where the rest of europe, we're looking at an ice conditions. non-profite, pro-people. >> welcome back. the top stories are now the zeroth, wounded dr. 21 of his colleagues were found shot dead in a remote tribal region. the officers were kidnapped on thursday. hundreds of suny muslims -- sunni muslims protesting that they're getting targeted for arrest. they have been protesting for days. prayer is being held in india for a gang rape victim who died from her injuries. her body was cremated after being flown back from singapore. six men are being charged with her murder. let's get more now on the security situation in pakistan. they say it is unlikely that the government would engage with talks with the taliban. >> basically, this is part of a concern of an organized campaign mounted by terrorists, whoever they are coming to demoralize the securities and also to defeat any attempt by the government to crack down on them. the second objective of this campaign seems to be putting fear and terror in the minds of common people live this is what we have
been critical to the passage through europe. whatever the private feelings. they saved their criticism for french in to china. where they claimed to encounter racism on parallel. they routinely stayed at branches of the ymca, the equivalent for the grown men of boy scouts and cheered on by enclaves of indians who instituted the south asian over most of the globe. a consequence empire and kind of -- a different and similar manifestation of internationalism supported them in this clutch of circumnavigators. the international and support him on the later surfaced tour of the world. he came from a privileged russian family. that was of no help when he found himself on the losing side in the russian civil war during that revolution. as a white russian stranded stranded in china he was a man without a country. so destitute he made his way to shanghai, overhand and a mix of men and women in cast off slothing. he obtained a passport. a document that the league of nations had begun to issue to stateless refugees initially russians in 1922, a first step in the development of international refuge
borrowing like this or we will have the same problems that europe is having. that is one of the frustrating things. they are not theoretical. that's not a classroom exercise. you can look at europe and see what happens if we continue down this path very much longer. >> alex rid man bill clinton's budget director put the bulk of the spending problems on the promises to medicare medicaid and lesser extent social security. >> they will drive federal spending occupy faster nan our economy can grow. revenues won't keep up. we have a problem. if you don't have enough revenues to pay for the spending you have to borrow. on the track that we are on if we go on doing what is in the law over the next several decades, our public debt will rise fast you are than our economy will grow. when that happens you have real problem. you have to pay interest on that debt and creditors see that your debt is rising faster than your economy is growing so they charge more and more. it is a very bad situation. >> arthur brooks with the american enterprise institute finds sur rent debates about higher taxes misguided
. it could be another three to six months could go to a zoo in europe, australia, where wherever it might be, to keep the gene pool fresh. these animals are so rare we have to know exactly the breeding program. >> why are you not remotely scared of them? >> it's not a matter -- that's a good question. people ask me if i'm scared. if i find myself afraid or scared, that means i'm going the wrong thing. they know the animal very well, so i've been around them. i don't raise them like these guys do, but having raised tigers, my wife and i have raised, tigers, lions, leopards, everything in your 40 years of marriage. so you know cats when you do that much. see how he's licking me? if that were a full-grown tiger, piers, in less than three minutes he could lick me to the bone. that's how rough the tongue gets. sand paper like you wouldn't believe. >> when they're full sized, how many are left in the world? two to 400. that's all there is. >> two of the last remaining siberian tigers. >> in the zoo world we do quite well with them. in india, the bengal tiger, seen them take down a water buffalo in
't forget cnbc has extended coverage today in europe for that bank of england rate decision. that's at 12:00 london time. >>> apple mad its worst stock drop in four years and we see their market share in china declining, as well. is this reason for investors to lose their appetite for the tech darling. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. >>> timothy geithner says the white house is ready to go over the fiscal cliff if tax rates on the wealthiest don't rise. investors looking for ecb guidance when draghi announces th
in europe, spain, portugal, yes, operationsy, italy. it measures the perception of the corruption in the public sector. as the most corrupt nations in the world. here we go. afghanistan, north korea, and somalia top the list. on the other side of the spectrum, countries with least perceived corruption, denmark, fin left-hand and new zealand. where does the u.s. rank? 19th. tracy: nobody lives in those countries. ashley: what they do is very simple and very clean. tracy: very blond. ashley: very blond. definitely in denmark and finland, that's for sure. tracy: the dark skin, the dark eyes. we're all evil at heart. ashley: that is the quote of the day. thanks, tracy. i didn't say that. tracy: all right. quarter after. come on. right? think about it. as we do every 15 minutes we check on the markets, nicole petallides on the floor of the new york stock exchange. from the most corrupt country in europe, good to have you with us. >> that is me. evil. i'm a little devil at heart. let's take a look at a big deal here. freeport-mcmoran, this is a $9 billion deal. these type of things brin
global answer so u.s. and europe and china are going to have different strategies. but the notion that in this region gas could be $2 to $3 or even $5 $6 for a million b.t.u.s shifts nuke fear this country out over a period of time. there may be a few new reactors built, but not many. >> rose: when do we have energy independence because of the online production of shale? >> here's what i would say, charlie. in other words, somebody who's smarter than i am should pick what's the right strategy. is it independence? is it security? is it something like that? but between canada, mexico, and the united states this region, the and a half a region, could be energy independent very soon. this region could probably be the most powerful or one of the most powerful energy producing regions in the world. and shale gas is just a game changer. it's just -- it's just a game changer is it a pan see yaw yah? no. but it opens up doors and that's something we should have high on the lists of things to do. >> rose: when you see that, what could disrupt that possibility of shale gas playing the role o
agreement settling u.s. probes of money laundering tied to europe's largest banks. surss say that would make it the largest foriture ever by a bank. in a agreement, prosecutors allow a target to avoid prosecution by meeting certain conditions, including payment of fines or penalties. stocks closing high yes, better than expected. Ãalso all pulling in. and square is now offering digital gift cards just in time for the holiday season, users will be able to buy gift cards to merchants that use square through the app. the companies expected to process $10 billion in transactions this year. in san francisco, larry, carolyn, back to you. >> thank you weather. news upper mid west digging out from a major blizzard. a storm dropped well over a foot of snow and was the worst storm to hit the minneapolis st. paul area. hundreds of car accidents have been reported and conditions shutting down major highways. the storm is losing power. >> we have opposite conditions here. it's warm. >> beautiful outside. >> yes. >> almost hit 70 degrees in spots so far today. but thatÑl÷Ñ is going to change. yes. >>
for those worried about europe, spain, portugal, the u.s. and the fiscal cliff, what do you say? >> the easiest thing to do is to take advantage of fear. when people are fearful like the y2k example, it was obviously an easy process to make money from there on out. we will get through this. the fiscal cliff. liz: you have seen it all, good to see you. good luck. one of our favorites. dow jones industrials hold onto gains of 96 points. can we hold all the way? we have six more minutes to go before the closing buildings. so glad you are hanging out with us at fox business. and we can save you 10% on ground shipping over the ups store. look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of al. [ ma announcer ] break from the holiday stress. save on ground shipping at fedex office. he loves risk. t whher he's climbing everest, scuba divinghe great barrier reef with sharks, or jumping into the marke he goes with people he trusts, whicis why he trades with a company
.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit reduction measures on their state budgebu. the latest gop offer would overhaul the tax code, raise $800 billio
, human rights and democracy across europe for the past six decades. not everyone agreed to this because it is in the middle of a financial crisis that's led to several protests and some say this contra tickets the values of the prize because it relies on military force to secure security -- to ensure security. >>> president obama is heading to michigan to meet with auto workers. the president wants the auto workers to avoid the fiscal cliff. >> reporter: dave, president obama is today continuing his push for more public support. he's talking about what will happen to the auto industry if the country falls off the fiscal cliff. let's take a live look now. the president's motorcade is expected to arrive any minute now, then he will be heading to detroit. there's some new hope for a deal after the president and house speaker john boehner held their first one-on-one meeting at the white house in weeks yesterday. now, both sides are mumm about the negotiations -- are mum about the negotiations but say the lines of communications are open. they have 20 minutes to reach an agreement even if th
and a letter of introduction from the british governor of bombay have been critical to the passage into europe. whatever their private feelings about the barrage, they say the criticism of imperialism for french and china with a claim to encounter racism unparalleled. they routinely stayed at branches of the ymca, the equipment for grown men of the boy scouts. and they were cheered on by enclaves of indians them especially parsi's. i consequence of empire and a kind of counterweight to it. a different diaspora, and yet similar manifestations of internationalism supported -- this is in the clutches of circumnavigators. this internationalism supported him on his later circus to of the worker he came from a privileged russian family but that was of no help when he found himself on the losing side in the russian civil war during the country's revolution. as a white russian, soboleff was a man without a country. so destitute that he made his way to shanghai overland in a mix of men and women cast off clothing. in shanghai he obtained a passport, a document that the league of nations had begun to is
and the environment. europe, japan and russia are also expected to continue to decline. connell: a matter of time, as they say. this fox business exclusive, we will talk about the war on business. it was a record year for anti-trust funds. dagen: the sanctions against iran. if this policy will change anything over there. the state of the economy and why it matters to you and this, the cost of crude oil. take a look at it. more than $86 a barrel. stubbornly high. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life side down. >> hi. >> hi. you know, i can save you % today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they caopen bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have t most corehensive identity theft protection available today... lifelock ultimate. so for protection you just can't
the situations in eastern europe and russia where most guns are banned. hasn't cut down on gun violence, however. as those countries have a higher murder rate than the usa. also the gun murder rate here in america has almost been cut in half in the past 20 years. talking points wants a sane country with smart public safety measures. do we need semiautomatic rifles to be easily available? that's a worthy debate. and there are strong points on each side. clearly we the people, have to take a tough look at our violent society and find some effective solutions without violating constitutional rights. a very difficult situation, but we have to try. that's a memo. now for the top story, reaction. joinings from phoenix, alan gottlieb, founder of the second amendment foundation, national rifle association, would not provide, would not provide a spokesperson this evening. so do you have any give at all? is there any area that you would compromise as far as new laws making it more difficult to obtain certain weapons? >> first, bill, let me say i thought your talk points were really excellent. >> thank you
to ban gun laws that ban people from protecting themselves. all over europe there have been mass murders -- >> you're talking complete and utter -- >> people need to be able to defend themselves toe point of the crime and not for the police to come until after everybody's dead. >> what you said, mr. pratt, the gun deaths in australia and britain, they are 35 people killed a year. your country is 12,000. >> your murder rate is lower than hours, that is true. >> it's 35 against 12,000. >> your violent crime rate -- your violent crime rate is higher than ours, as is the violent crime rate in australia. america is not the wild west that you are depicting. we only have the problem in our cities and unhappily in our schools where people like you have been able to get laws put on the books that keep people from being able to defend themselves. i honestly don't understand why you would rather have people be victims of a crime than be able to defend themselves. it's incomprehensible. >> you're an unbelievably stupid man, aren't you? >> it seems to. he you're morally obtuse. you seem to be able to
to a zoo in australia, europe, they are to keep them fresh the thing is they are so rare that we have to know exactly what the breeding program will be for the creature. >> why are you not remotely scared of them? sgles that's a good question. if i find myself afraid or scared that means i'm doing the wrong thing. these guys know the animal very well. i have been around them. i don't raise them like they do. but my wife and i raised tigers, lions, leopards and you know cats when you do that much. that tongue how he is lick mega. if that were a full-grown tiger he could lick my arm to the bone. that's how rough the tongue becomes. like sand paper beyond what you have ever seen. >> how many are there left in the world. >> 200 to 400. >> that's all there is. >> yes. >> this is like two of the last remaining siberian tigers. >> in the zoo world we do well with them. when a tiger takes down -- in india, i have seen a tiger take down a water buffalo down in under ten minutes and only cats in the world that when they eat up to 30, 40 pounds in one sitting and their stomachs can explode. most
a stomach illness following a whirl wind trip through europe. that virus led to extreme dehydration, which caused her to faint and sustain a concussion. according to doctors at george washington university hospital and mt. kisko medical center, she's been recuperating at home since early december. secretary clinton also suffered a blood clot in her knee when she was first lady. in her autobiography, she said that doctors attribute it to her nonstop flying. now 65 years old clinton's air travel has only increased. illness has sidelined clinton during the final weeks of her term as secretary of state, causing her to cancel a december 20th appearance at congressional hearings into the attack on the benghazi consulate and the announcement of senator john kerry's nomination to succeed her as secretary of state. >> he has a deep respect for the men and women of the state department. >> reporter: clinton's last public appearance was december 7th in belfast, northern ireland. she spoke then about her upcoming retirement and said she looked forward to having time to relax and th
are here for an orientation day and would like you to talk with them. now, law in europe is undergraduate. very few countries in the world have a graduate law school system. but england, europe, the law is undergraduate. these orientation students were basically high school seniors ready to enter the freshman year of college. and so i talked with them. there was a room smaller than this, maybe 80 people. i'm justice kennedy here to tell you about the supreme court. and we started talking and the student raised her hand and said, now, checks and balances are very important in your constitution and the president checks the congress and the congress checks the president, who checks the courts? good question. we talked about that. i'm not sure i had a satisfactory answer. there is an answer but -- and another student raised his hand and said, now, federalism is very important in america but money goes to washington and then goes to the states with conditions with. and doesn't this undermine federalism? we talked about that. then a student raised their hand and said chief justice john marshall
concerned about the nature of the dialogue about the fiscal situation? washington and in europe and the issues that had to be dealt with long term and how it affects near term business in terms of what would be accelerated appreciation for investment in business. what will be the final demand. so the uncertainty factor started weighing in and caused everybody to be much more cautious and continue to be more and more cautious worried about what might happen next. >> you're a member of the fix the debt organization. you're worried about what happens if we go over the fiscal cliff. play out the scenario for how things would go down if we actually do move past january 1 without an agreement. >> if you get lots of economist projections, you'll see the general view is the economy would have negative growth or a couple percentage points, whatever it is. near term recession impact. and that nt would be good to the economy because it's been moving its way out. what's really after people is will we be serious about fixing the long term problems of america's fiscal situation. basically hav
cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviously, spring and summer are bigger driving seasons. you'll see a pickup in demand when we get back into spring. that typically happens. a lot of it depends on the price of oil. that depends on what happens in the world economy. there are two things happening. one is the fiscal cliff. and the recession in europe. if things continue to slow down economically, we'll see less demand for gasoline. if there's more tension in the middle east, we'll see higher prices for oil. those are two things that could affect the price of oil, which will affect the price of gasoline. one thing to remember, that over the last ten years or so, wolf, demand for gasoline has started to drop off, as cars have become more efficient and as we've become better conservers. you'll
for what's happening in europe. >> we want to rise above it. >> which would mean -- >> could mean matt is going to slow walk us over the cliff so that in our opinion -- >> did you see how long it took him to get from the green room here? >> let me ask you. are you guys, republicans still saying that jobs matter if we raise taxes? you finally said oh,ist not that big a deal anyway. where are you? have you thrown in the tall? >> not at least to the public. we've got to make the point over and over and over again that, you know, we can get to this number, we can do this, the republicans have offered a deal that makes sense, that's reasonable. that says guess what you can do. you can get this done without raising marginal rates. you don't have to beat down folks who are small businesses, who are successful, to get where you want to go. you can do it by -- >> beat them down by taking them back to the clinton era rates of 22 million jobs? >> this is -- >> but you don't want to go back to the clinton era rates. you only want to go back on the top 2%. the reason we were able to balance the bud
. >> driving while high, while legal research shows more drivers are toking up. studies like this one in europe show too much marijuana effects coordination and judgment. >> one of the first and most important being reduced ability to divide one's attention. >> pot is far left debilitating than argue many argue. new canadian study say those who drive within three hours of smoking pot are twice as likely to cause a crash. >> another we see driving under the influence of marijuana reduce the ability to perceive time and distance. >> how much is too much? >> i don't absolutely feel that we are on uncharted territory. i know we are for a fact on uncharted territory. >> severe level for pot in washington state where marijuana is now legal. the limit is 5 nano grams per blood sample. equal to alcohol. >> because we are still early on in the research stage, it's very difficult to determine whether or not that five than gram standard will change. similar to how the dui standards have evolved over the years. >> the problem is heavy users, though not impaired, can test positive weeks after smoking. also,
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